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drinkingchartreuse t1_jea0qmq wrote

There are literally warehouse sized storage facilities full of diamonds. They are expensive for three reasons. The ad hype from debeers, carefully controlling the supply by keeping it to a trickle, and a nearly endless supply of idiots willing to blow a fortune on them.

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SkunkMonkey t1_jea5zle wrote

> endless supply of idiots

PT Barnum nailed the birth rate on these people.

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xBeamer t1_jebt3gk wrote

PT was working with old information the rate has increased to every 10 seconds

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SkunkMonkey t1_jebwdi6 wrote

With the internet, I posit it's down to a second.

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xBeamer t1_jecqg4i wrote

I was thinking 10% you say 22% and I think you are closer to the truth

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